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Is SAIC-GM a Joint Venture or a State-Owned Enterprise?

1 Answers

DelJocelyn

07/29/25 5:03pm

SAIC General Motors Co., Ltd. is a Sino-foreign joint venture, with SAIC Motor Corporation holding a 50% stake. Since SAIC Motor Corporation is a state-owned enterprise, SAIC General Motors Co., Ltd. is classified as a state-invested company rather than a fully state-owned enterprise. Brand Portfolio: SAIC General Motors owns three major brands—Buick, Chevrolet, and Cadillac—which align with mainstream societal values and the pace of era development through distinct brand personalities, superior product capabilities, and meticulous services, catering to diverse and personalized consumer needs. Established on June 12, 1997, SAIC General Motors Co., Ltd. was jointly founded by SAIC Motor Corporation and General Motors Company. It operates four major production bases in Pudong Jinqiao, Yantai Dongyue, Shenyang Beisheng, and Wuhan, comprising four vehicle assembly plants and two powertrain plants, making it one of the key enterprises in China's automotive industry. The company's business scope includes manufacturing automobiles, engines, transmissions, and their components, as well as selling these products and maintenance parts in domestic and international markets under its own and its domestic-invested enterprises' brands.

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